Dithering takes the biscuit, says David Cameron

Source: The Independent

London : United Kingdom | about 1 month ago

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A man who cannot, without inordinate delay, decide which type of biscuit he favours most does not sound like the right person to make swift judgments on critical matters of national moment. This was the picture painted by David Cameron, the Tory leader, during his noisy exchanges with...

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News Stories

Britain and Its Central Bank Disagree on Banking Laws

News Source: International Herald Tribune | about 1 month ago

Disagreements between the British government and the head of the Bank of England over what regulations could best prevent another banking crisis sharpened Wednesday, two weeks before Britain is to host the next meeting of the Group of 20 finance...
Bank of England suggests financial shake-up

News Source: Australian Broadcasting Corporation | about 1 month ago

The idea was raised by the highly respected governor of the Bank of England, Mervyn King, who has launched a blistering attack against the British Government which he says has still done virtually nothing to reform the banking sector. Mervyn King...
Indian-origin Labour MP corners Brown

News Source: Asian Age | about 1 month ago

Thirty-eight-year-old Parmjit Dhanda, who represents Gloucester in the House of Commons, questioned Mr Brown on the lack of diversity in his Cabinet during the hearing of Conference on Representation. The House of Commons committee has been set up by...
UK's Brown, King clash over bank reforms

News Source: The Age | about 1 month ago

King suggested on Tuesday separating core aspects of banking from riskier activities could reduce the risk of a bank failure jeopardising the financial system and said banks should not be allowed to become "too important to fail". But Brown said the...
Try Telstra-style separation on the banks

News Source: Sydney Morning Herald | about 1 month ago

It's not just Stephen Conroy who fancies a bit of structural separation with Telstra in his sights. The Bank of England Governor, Mervyn King, would like to do it to banks as well. King has looked into the mess of attempts to make big banking safer...
Scotsman: George Kerevan: Retail banks caught between a rock and a hard ...

News Source: Androscoggin News | about 1 month ago

Mervyn King, Governor of the Bank of England, knows only too well: banks fail and always will do, regardless of how we regulate them. Mervyn King, Governor of the Bank of England, knows only too well: banks fail and always will do, regardless of how...